AI Stocks Face Their Biggest Earnings Test Yet

Wall Street is entering earnings season with AI still driving much of the market story, but investors are starting to question how long the spending boom can keep supporting profits across semiconductors, hyperscalers, and the broader tech trade.Chuck Zodda and Marc Fandetti break down why this earnings season could be a major test for AI stocks, how weakness under the surface of the market is being masked by index-level stability, and why investors are watching semiconductor demand, hyperscaler spending, and returns on AI investment so closely. They also discuss why the next recession does not necessarily mean another financial crisis, what Meta’s new AI chip plans say about the race for computing power, how Social Security’s funding gap could affect the economy, and why online sports betting is creating new concerns for consumers.